Going in to February 2013 I had 4 baddies on EQ: an HSBC CO with DOFD 4/2010, a judgment showing unpaid of $2210 from 4/2007, a collection for $1200 from 12/2007, and a collection for $521 from 4/2011. At this time SW had me at a 601. In 2/2013 i had a newly-placed collection for $21 that dropped my score 44 points to 557.
I PFD'd the collection from 2007 - +7 points
I disputed the judgment and all three CRAs deleted - no change, but wasn't really expecting much
After a 2-month battle I FINALLY got the 2/2013 removed via a BBB dispute. The account came off EQ and EX where it was reporting earlier this week (monitored with daily pulls from EIDT). I had been waiting to see if I got a score change from it, or some of the points back but got no SW alerts. Strange, my SW is set to current score too and all other SW activity has been no less than a day behind (including when Capital One updated the date on my CO, points taken away very next day).
Today I get an e-mail, from MyFICO, had been waiting all week for it!!!
Only ... No Score Watch(TM) alerts this week 
Lol, I know I'm being overly anxious but I can't help but think something's wrong here. If a new collection dings you that much, how can removing it completely not at least restore SOME points. Could there be different buckets based on the number of collections one has? Makes me wonder if I got the more recent one removed before the one from 2007 if my score would now be different. Either that, or SW somehow didn't pick up a change to my CR that was visible through EIDT on 6/3.
Sigh. Fighting the urge to use my remaining Score Power report. Down to only the CO and one collection account for it so moving in the right direction. BUT I'M ITCHING FOR A BUMP!!!! 
/rant
The CA sent in the universal data form to remove the 2/2013 collection on 5/31/13. The first report from EIDT that reflected its removal was on 6/3/13. I had last received a Score Watch e-mail on 5/31/13 at 12:55 AM, so I know today was my 'check' for the last 7-10 day period.
Now that I look back at it, that alert on 5/31/13 was actually for this SAME 2/2013 collection (the CA had marked it as Paid and this was first reflected in my EIDT reports on 5/29/13). I dropped 3 points that day and the alert specifically shows this account, with the only change being updated to Paid. Could the fact that it was a Paid collection tradeline have anything to do with the fact I did not recoup points when it was deleted 4 days later?
I am keeping a positive mindset about having my report look clean vs. just focusing on the score, but it is somewhat discouraging to not see any rebound for completely removing a collection that was only added 4 months ago.
I think I am just going to wait another 7-10 days and see what happens. If I get another 'no change' e-mail, I'll run the Power Report and see what it says. If my score has changed, then I may just be canceling SW. Not leaving the forums though, you guys are great
Missed your reply, and I was impatient and in need of some good news today anyways 
I pulled my remaining score power report (which I wouldn't really have much use for in the near future anyways) ... sure enough score is up to a 592, about where I expected it to be. So kinda a bummer that the alerts aren't working exactly as I thought they would (i.e. a sweep every 7-10 days when the e-mails go out, when in reality changes for negative TL drops may not be reflected for some time after the items are removed).